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I will not allow yesterday's success to lull me into today's complacency, for this is the greatest foundation of failure. -- Og Mandino
Sep
23

Thursday Notes – Dancing With the Stars

By Don Miller

One thing is certain … it will end.

Nothing lasts forever, whether it be Cal Ripken’s ironman streak, New England’s perfect 2007 NFL season that was only interrupted at the very end by that famous non-holding call and Hail Mary Helmet-Catch in the Super Bowl, my prior extended trading “zones” including 2003-05 & 2007-09, or now … this recent dance I’ve been doing with the S&Ps that is getting downright ridiculous.

Yet for now, I remain in one of those scary Johnny Chan or Phil Galfond grooves where personal focus, reads, executions, and market action are all teaming together to put me in what has essentially become an ongoing trance.

By now, the current Jellie team is probably wondering if I ever lose since we’re still awaiting the first losing session in three weeks. 

And while I assure you I keep telling them I’m not always on my game (as was evident a bit yesterday morning when I simply stood aside and didn’t “feel” it until the afternoon session), for some reason I’m simply in one of those extended zones … even while narrating to them live while trading.

Probe with pre-flop bets and add with post-flop confirmation?  The market cooperates.

Force the action by raising bets aggressively?  The market cooperates. 

Scalp 2-3 tick moves?  The market cooperates.

Back off because I’m tired?  The market tires.

When I stare at today’s actual trade plot chart (attached), it almost looks as if the results were rigged.  Of course, since it’s a TT platform auto-capture and I narrate my actions live to my coach and 14 other traders, we know that’s not the case.

My only current challenges are to (1) convince the current team it’s not always like this, and (2) continue to maintain the confidence and rhythm while keeping the ego in check.

Oh, it will end.

Just not today.

Categories : Personal Trading

Comments

  1. Markus says:

    Great job! Way to do it!

    Btw: What do you mean with sessions? Trade sessions or trading days?

    Cheers,
    Markus